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Revolver takes aim with success airborne exploration at Dianne - The Pick Online Magazine

Written by Staff Writer | Aug 4, 2022 8:45:51 AM

Revolver Resources Holdings Limited (ASX:RRR) has identified multiple priority alteration and iron oxide targets across the wide EPM area following the processing of the WV3 satellite data acquired specifically for the Dianne Project in far north Queensland’s Hodgkinson Province.

WV3 is a leading-edge satellite borne technology that collects high resolution spectral data that can be processed to map the distribution of minerals and iron oxides useful in identifying outcropping alteration patterns and gossanous zones in hydrothermal systems.

Alteration processing of the WV3 data by leading consultants Global Ore Discovery has highlighted multiple anomalies that are a priority for immediate follow-up. The WV3 data has also been processed to produce a high-resolution tenement wide image suite that are being used as a geological mapping base to better define the folded stratigraphy and fault patterns that control copper and gold mineralisation at Dianne.

Complimenting the hyperspectral results obtained, Revolver has initiated a Heli-EM survey covering 95 square kilometers (>80%) of the entire Dianne EPM tenement. This survey has been flown with the New Resolution Geophysics “Xcite” system.

Revolver has deployed multiple geology teams for field follow up of the WV3 targets with a program of mapping, rock chip and soil sampling. Additional anomalies identified from the HeliEM survey will be field-followed by the geology teams as a priority.

Revolver has fully scaled up near pit and step-out exploration activities during this 2022 field season,” Managing Director, Pat Williams, said.

“The company continues to deliver upon the prospectus commitments to make use of modern exploration techniques to identify potential upside around the Dianne pit and stepping out across the wider tenement package.

“We are very pleased our continued work on the Dianne Copper Project with multiple phases of systematic, modern exploration is yielding remarkable results.

“As well as commencing a more dedicated regional program of work, we continue to examine around the existing Dianne pit and the associated trending structures for upside potential.

“We are building a comprehensive picture of the geology and mineralisation potential of this very exciting project. The state-of-the-art exploration techniques being deployed by our technical team are efficiently and comprehensively assessing the full extent of the large exploration area at Dianne.

“We will continue to develop our understanding based on the new data acquired from the WV3 and Heli-EM programmes and build a priority list of drill targets for the upcoming Q4 2022 drill programme.”

https://revolverresources.com.au/